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The same Property Council submission reported ‘complaints’ data available from Consumer Affairs Victoria showed 0.13% of the retirement village resident population made a complaint to Victorian authorities in the 2014/15 financial year. “This is significantly lower than the previous year. We also note that this is significantly lower than complaint levels of similar asset classes.”
For the past three years, residential home prices have been increasing by 5% to 18% per annum in the major capital cities. At the same time village home prices have been rising by 2 to 4%. Why?
The project would see St Vincent’s Health Australia offer refurbished one-bedroom units at its Eltham home to the refugees in partnership with CatholicCare.
The new $28 million building on Baden Powell Street will be one of the town’s tallest buildings. It will provide 125 residential beds plus community services as part of a joint venture with the local Stella Maris Catholic Church.
A 91-year-old man has been taken to court by his 83-year-old former wife after attempting to quietly sell the family home to pay his own refundable accommodation deposit (RAD).
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